iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Sets New 1-Year High – What’s Next?

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $136.23 and last traded at $135.19, with a volume of 127718 shares changing hands. The stock had previously closed at $134.04.

iShares S&P Small-Cap 600 Value ETF Stock Performance

The stock has a fifty day moving average price of $130.23 and a two-hundred day moving average price of $123.49. The firm has a market capitalization of $8.38 billion, a P/E ratio of 13.92 and a beta of 1.00.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Value ETF

Several institutional investors have recently made changes to their positions in the stock. Valpey Financial Services LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 11,307.1% in the fourth quarter. Valpey Financial Services LLC now owns 1,073,064 shares of the company’s stock valued at $122,029,000 after acquiring an additional 1,063,657 shares in the last quarter. Tcfg Wealth Management LLC raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 8,726.1% in the 3rd quarter. Tcfg Wealth Management LLC now owns 432,301 shares of the company’s stock worth $47,808,000 after buying an additional 427,403 shares in the last quarter. Modern Wealth Management LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 11,921.0% in the first quarter. Modern Wealth Management LLC now owns 411,838 shares of the company’s stock valued at $48,873,000 after buying an additional 408,412 shares during the period. Sharp Wealth Advisory LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the first quarter valued at $32,233,000. Finally, AlphaCore Capital LLC boosted its stake in iShares S&P Small-Cap 600 Value ETF by 72,965.5% during the fourth quarter. AlphaCore Capital LLC now owns 243,308 shares of the company’s stock valued at $27,669,000 after buying an additional 242,975 shares in the last quarter. 71.86% of the stock is owned by institutional investors.

iShares S&P Small-Cap 600 Value ETF Company Profile

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 Value Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.